ALLIANZ LIFE COMPANY OF NORTH AMERICA

Brian Muench President, Investment Management U.S. LLC President, Allianz Investment Management LLC

Background With more than 25 years in the industry, Muench has broad experience across capital markets, retirement investment solutions, product FOCUSED ON development, and insurtech. • The economy and Experience capital markets • Oversees the retail investment management business of Allianz Investment • Mutual funds Management LLC, including mutual funds and ETFs, as well as • ETFs the group’s business development. • Portfolio manager for multi-asset mutual funds, with over • Product development – $10 billion in AUM. investments • Co-founder and co-managing partner of Allianz Life Insurance Company • Strategic corporate of North America (Allianz Life) Ventures, the corporate venture capital venture programs program of Allianz Life created to invest in start-ups of strategic relevance. • Insurtech • Member of AZOA Services Corporation benefit plan investment committee. • Member of Allianz Investment Management U.S. LLC's investment committee. • Allianz Life financial literacy committee member.

Education, certifications, and memberships • B.A. in Business Administration from University of Northern Iowa • MBA from Drake University (Iowa) • CFA Charterholder • FINRA 6 and 24 securities registrations • Chairman of the Board of Trustees of the Allianz Variable Insurance Products Trust and AIM ETF Products Trust • Board member for Council on Economic Education

Allianz Life Insurance Company of North America (Allianz Life) is a wholly owned subsidiary of Allianz of America Inc. Allianz Investment Management LLC (AIM LLC) and Allianz Investment Management U.S. LLC (AIM US) are both wholly owned subsidiaries of Allianz Life. AIM LLC is a registered investment adviser. AIM US provides investment management and hedging services to Allianz Group affiliates. Insurance and annuities are issued by Allianz Life. Variable annuities are distributed by its affiliate, Allianz Life Financial Services, LLC, member FINRA, 5701 Golden Hills Drive, , MN 55416-1297. 800.542.5427 www.allianzlife.com www.allianzim.com Allianz Life and AZOA Services Corporation are wholly owned subsidiaries of Allianz of America, Inc. ENT-1037-BM (R-11/2020)